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CollPlant to Present at the H.C. Wainwright Annual Growth Conference

Key Takeaway: CollPlant Biotechnologies (NASDAQ: CLGN) announced its participation in the H.C. Wainwright Annual Growth Conference from September 11-13, 2023. The company, known for its innovative rhCollagen technology in regenerative and aesthetic medicine, aims to showcase its advancements in tissue regeneration and organ manufacturing. Deputy CEO Eran Rotem is scheduled to present on September 12th. However, the company faces significant challenges, including a history of financial losses and uncertainties related to product development and regulatory approval.

Market Sentiment Analysis

POSITIVE FACTORS

  • CollPlant is advancing regenerative medicine with its rhCollagen technology.
  • The company has a presentation scheduled at a prominent conference, showcasing its potential.
  • CollPlant's partnership with AbbVie strengthens its position in the dermal filler market.

CONCERNS & RISKS

  • The company has a history of significant losses and needs to raise additional capital.
  • There are uncertainties regarding the development and approval of new products and clinical trials.
  • Future performance is subject to regulatory actions and market acceptance challenges.

Full Press Release Details

REHOVOT, Israel, Sept. 5, 2023 /PRNewswire/ -- CollPlant Biotechnologies (NASDAQ: CLGN), a regenerative and aesthetics medicine company developing innovative technologies and products based on its non-animal-derived collagen for tissue regeneration and organ manufacturing, today announced that it will participate at the H.C Wainwright Annual Growth Conference, to be held from September 11-13, 2023 in New York, NY. Eran Rotem, CollPlant's Deputy CEO and Chief Financial Officer, is scheduled to present on Tuesday, September 12th at 4:00 PM ET.
CollPlant to Present at the H.C. Wainwright Annual Growth Conference
CollPlant is a regenerative and aesthetic medicine company focused on 3D bioprinting of tissues and organs, and medical aesthetics. The Company's products are based on its rhCollagen (recombinant human collagen) produced with CollPlant's proprietary plant based genetic engineering technology. These products address indications for the diverse fields of tissue repair, aesthetics, and organ manufacturing, and are ushering in a new era in regenerative and aesthetic medicine.
In 2021 CollPlant entered into a development and global commercialization agreement for dermal and soft tissue fillers with Allergan, an AbbVie company, the global leader in the dermal filler market.
For more information about CollPlant, visit http://www.collplant.com
Safe Harbor Statements
This press release may include forward-looking statements. Forward-looking statements may include, but are not limited to, statements relating to CollPlant's objectives plans and strategies, as well as statements, other than historical facts, that address activities, events or developments that CollPlant intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often characterized by terminology such as "believes," "hopes," "may," "anticipates," "should," "intends," "plans," "will," "expects," "estimates," "projects," "positioned," "strategy" and similar expressions and are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate.
Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Many factors could cause CollPlant's actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the following: the Company's history of significant losses, its need to raise additional capital and its inability to obtain additional capital on acceptable terms, or at all; the Company's ability to develop a printing solution for its breast implants program, or at all; the Company's expectations regarding the timing and cost of commencing pre-clinical and clinical trials, or at all, with respect to tissues and organs which are based on its rhCollagen based BioInk, the breast implants under development and other products for medical aesthetics, or whether such trials will occur at all; the Company's ability to obtain favorable pre-clinical and clinical trial results with respect to the foregoing trials; regulatory action with respect to rhCollagen based BioInk and medical aesthetics products including but not limited to acceptance of an application for marketing authorization review and approval of such application, and, if approved, the scope of the approved indication and labeling; commercial success and market acceptance of the Company's regenerative breast implants, the bioprinting solution under development with its business partner, and other rhCollagen based products, in 3D bioprinting and medical aesthetics; the Company's ability to establish sales and marketing capabilities or enter into agreements with third parties and its reliance on third party distributors and resellers; the Company's ability to establish and maintain strategic partnerships and other corporate collaborations, including its partnership with AbbVie and its ability to receive milestone and royalties payments under the AbbVie agreement; the Company's reliance on third parties to conduct some or all aspects of its product manufacturing; the scope of protection the Company is able to establish and maintain for intellectual property rights and the Company's ability to operate its business without infringing the intellectual property rights of others; current or future unfavorable economic and market conditions and adverse developments with respect to financial institutions and associated liquidity risk; the impact of competition and new technologies; general market, political, and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; changes in the Company's strategy; and litigation and regulatory proceedings. More detailed information about the risks and uncertainties affecting CollPlant is contained under the heading "Risk Factors" included in CollPlant's most recent annual report on Form 20-F filed with the SEC, and in other filings that CollPlant has made and may make with the SEC in the future. The forward-looking statements contained in this press release are made as of the date of this press release and reflect CollPlant's current views with respect to future events, and CollPlant does not undertake and specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Tel: + 972-73-2325600

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Frequently Asked Questions

What is CollPlant Biotechnologies known for?

CollPlant specializes in regenerative and aesthetic medicine using non-animal-derived collagen.

When will CollPlant present at the H.C. Wainwright Conference?

CollPlant's presentation is scheduled for September 12, 2023, at 4:00 PM ET.

Who is the Deputy CEO of CollPlant?

Eran Rotem serves as CollPlant's Deputy CEO and Chief Financial Officer.

What agreement did CollPlant sign in 2021?

In 2021, CollPlant partnered with Allergan for dermal and soft tissue fillers.

Where can I find more about CollPlant?

More information about CollPlant can be found at their official website.

Last updated: Sep 5, 2023